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DOW   31,402.01
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S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
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NASDAQ:CAR

Avis Budget Group Short Interest Ratio and Short Volume

$53.82
-2.08 (-3.72 %)
(As of 02/25/2021 12:00 AM ET)
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Today's Range
$53.25
Now: $53.82
$56.39
50-Day Range
$37.35
MA: $42.53
$55.90
52-Week Range
$6.35
Now: $53.82
$57.76
Volume1.75 million shs
Average Volume1.55 million shs
Market Capitalization$3.76 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.31

Short Interest

Avis Budget Group (NASDAQ:CAR) Short Interest Data

Current Short Volume9,570,000 shares
Previous Short Volume11,090,000 shares
Change Vs. Previous Month:-13.71%
Dollar Volume Sold Short$414.09 million
Short Interest Ratio / Days to Cover6.0
Last Record DateJanuary, 29 2021
Outstanding Shares75,910,000 shares
Float Size68,390,000 shares
Short Percent of Float13.99%
Today's Trading Volume1,745,584 shares
Average Trading Volume1,554,409 shares
Today's Volume Vs. Average12.30%

Short Interest Over Time


Avis Budget Group (NASDAQ:CAR) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/29/20219,570,000 shares $414.09 million -13.7%14.0%6.5 $43.27
1/15/202111,090,000 shares $457.91 million -8.0%16.2%6.2 $41.29
12/31/202012,320,000 shares $480.23 million +4.0%18.0%5.9 $38.98
12/15/202012,320,000 shares $444.14 million +4.0%18.0%5.9 $36.05
11/30/202011,850,000 shares $429.44 million -4.0%17.3%5.4 $36.24
11/15/202012,340,000 shares $434.00 million -1.3%18.0%5.6 $35.17
10/30/202012,500,000 shares $458.88 million -5.2%18.3%5.5 $36.71
10/15/202013,180,000 shares $474.22 million +6.5%19.3%5.5 $35.98
9/30/202012,380,000 shares $364.71 million -6.4%18.1%5.1 $29.46
9/15/202013,230,000 shares $359.99 million -2.8%19.4%4.4 $27.21
8/31/202013,610,000 shares $457.43 million -4.1%19.9%3.7 $33.61
8/14/202014,190,000 shares $501.05 million -0.1%20.8%2.8 $35.31
7/31/202014,210,000 shares $439.94 million -8.1%20.8%2.3 $30.96
7/15/202015,470,000 shares $400.67 million -4.3%22.7%2.3 $25.90
6/30/202016,160,000 shares $476.40 million -12.6%23.7%2.3 $29.48
6/15/202018,490,000 shares $413.44 million -16.7%27.1%2.6 $22.36
5/29/202022,190,000 shares $487.74 million -1.3%N/A3 $21.98
5/15/202022,480,000 shares $483.99 million +32.0%32.9%3.5 $21.53
4/30/202017,030,000 shares $374.15 million +6.3%24.9%3.3 $21.97
4/15/202016,020,000 shares $210.50 million +32.1%23.4%4 $13.14
3/31/202012,130,000 shares $158.66 million +26.7%17.7%3.5 $13.08
3/13/20209,572,700 shares $152.68 million +35.2%13.1%3 $15.95
2/28/20207,080,000 shares $94.87 million -3.2%9.7%4.7 $13.40
2/14/20207,310,000 shares $161.70 million +0.4%10.0%6.4 $22.12
1/31/20207,280,000 shares $262.23 million -4.3%10.0%7.7 $36.02

Avis Budget Group (NASDAQ:CAR) Short Interest FAQ

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What is Avis Budget Group's current short interest?

Short interest is the volume of Avis Budget Group shares that have been sold short but have not yet been closed out or covered. As of January 29th, traders have sold 9,570,000 shares of CAR short. 13.99% of Avis Budget Group's shares are currently sold short. View details.

What is a good short interest ratio for Avis Budget Group?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Avis Budget Group currently has a short interest ratio of 6.0.

What is a good short interest percentage for Avis Budget Group?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 13.99% of Avis Budget Group's floating shares are currently sold short.

Is Avis Budget Group's short interest increasing or decreasing?

Avis Budget Group saw a decline in short interest in the month of January. As of January 29th, there was short interest totaling 9,570,000 shares, a decline of 13.7% from the previous total of 11,090,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Avis Budget Group's float size?

Avis Budget Group currently has issued a total of 69,842,000 shares. Some of Avis Budget Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Avis Budget Group currently has a public float of 68,390,000 shares.

How does Avis Budget Group's short interest compare to its competitors?

13.99% of Avis Budget Group's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "trucking" compare to Avis Budget Group: Old Dominion Freight Line, Inc. (0.00%), J.B. Hunt Transport Services, Inc. (2.11%), AMERCO (1.61%), Knight-Swift Transportation Holdings Inc. (2.64%), Landstar System, Inc. (2.65%), Saia, Inc. (0.00%), Ryder System, Inc. (2.09%), Werner Enterprises, Inc. (2.22%), Heartland Express, Inc. (4.88%), and Marten Transport, Ltd. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Avis Budget Group stock?

Short selling CAR is an investing strategy that aims to generate trading profit from Avis Budget Group as its price is falling. Avis Budget Group's stock is trading down $2.08 today. To short Avis Budget Group stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Avis Budget Group will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Avis Budget Group?

A short squeeze for Avis Budget Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of CAR, which in turn drives the price of the stock up even further.

How often is Avis Budget Group's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CAR, twice per month. The most recent reporting period available is January, 29 2021.



This page was last updated on 2/26/2021 by MarketBeat.com Staff

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